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<br />{;". <br /> <br />87- 107308 <br /> <br />~ <br /> <br />rr <br /> <br />ACKNOWLEDGEMENT <br /> <br />~; <br /> <br />The undersigned, J.I.L. CONST. CO., INC., identified as <br /> <br />"Trustor" under a certain Deed of Trust dated December 23 <br /> <br /> <br />1987, to be entered into among Trustor; Arend R. Baack, Attorney <br />at Law, "Trustee"; and The Overland National Bank of Grand <br /> <br />Island, <br /> <br />"Beneficiary", hereby acknowledges that this <br /> <br />Acknowledgement is made prior to its execution of that Deed of <br /> <br />Trust in respect to that real estate described as: <br /> <br />Lot One (1) and the Westerly Forty (40) acres <br />of Lot ~~o (2), All in Section One (1), <br />Township Ten (10) North, Range Ten (10) West <br />of the Sixth (6th) Principal Meridian, Hall <br />County, Nebraska; <br /> <br />and that it knows and un.derstands that (a) the Deed of Trust to <br /> <br />be executed by Trustor is a Trust Deed and not a Mortgage and (b) <br /> <br /> <br />that the power of sale provided for in the Deed of Trust provides <br /> <br /> <br />essentially different rights and obligations to the Trustor than <br /> <br />a Mortgage in the event of default or breach of obligation. <br /> <br /> <br />IN IUTNESS WHEREOF, the undersigned has executed this <br /> <br />Acknowledgement on this 231"d day of DeoanbeJ." <br /> <br />, 19 87. <br /> <br />J.I.L. CONST. CO'~_~ <br /> <br />BY<Z~~- . <br /> <br /> <br />"Trustor" <br /> <br />STATE OF NEBRASKA <br /> <br />ss: <br /> <br />COUNTY OF HAIL <br /> <br />On this 23rd day of Decanber , 1987 , before me, <br />the undersigned, a Notary Public duly commissioned-and qualified <br /> <br />-1- <br /> <br />L <br /> <br />L <br /> <br />L <br /> <br /> <br /> <br />.......- <br /> <br />~ <br /> <br />I <br />\:,,, <br /> <br />~ <br />I <br />